The Ledger, every show
Every statement that passed quotation and attribution checks, across all 44 shows. Pick shows below, then mix any filter with any other.
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every show 44 of 44
Chen predicts corporate governance will become the primary differentiator for companies
“I mean, at the organizational governance level, the corporate governance level, I think that's a big thing that people are going to start paying more and more attention to. We've been running so much on this kind of totally profit-centric system in the U.S., a…”
Kickstarter reincorporated as a Public Benefit Corporation in 2015 to protect stakeholders
“And then two years ago, we became a public benefit corporation, which is still a for-profit company, but it means that the obligations of the board and the executives and the company is to balance the shareholder interest with greater stakeholders, including t…”
Kickstarter founders wrote a 100-page spec before writing any code
“I think at the end we produced a document over a hundred pages about how the site would function, with zero code written, mind you.”
Comedian David Cross was Kickstarter's first angel investor
“I had a friend of mine, and her cousin is David Cross, the comedian from Arrested Development, and many other, Mr. Show, and great stuff. And so she connected us, and we went and had a drink at a bar, and I talked to him about the idea, and, ah, a few months l…”
Andy Baio screened early Kickstarter developers because founders couldn't review code
“One of the people we met was Andy Baio, who really helped us kind of figure out what kind of technology we should be using, and helped us interview the developers that we Would hire, and he eventually became our first CTO. That was tremendously helpful because…”
Kickstarter reached profitability within 18 months of launch
“I think, you know, the first six months, not at all, no revenue. I think within a year after that, so probably within the first 18 months, we got in the black.”
Kickstarter has surpassed $3 billion in total project pledges
“Recently, we passed the three billion dollar pledge mark.”
Neither Perry Chen nor Yancey Strickler could code when starting Kickstarter
“I cannot code and I couldn't code, but I think I had a sense of what it should feel like. I know what I like, I know what I think feels good when I'm on a site, but from the deep technical stuff, No, that was not my background at all. Yancey probably had been …”
Comedian David Cross was Kickstarter's first investor after a 2006 meeting
“I had a friend of mine, and her cousin is David Cross, the comedian from Arrested Development, and many other, Mr. Show, and great stuff. And so she connected us, and we went and had a drink at a bar, and I talked to him about the idea, and a few months later,…”
Andy Baio joined Kickstarter as CTO because the founders couldn't review code
“One of the people we met was Andy Baio, who really helped us kind of Figure out what kind of technology we should be using, and helped us interview the developers that we would hire, and he eventually became our first CTO. That was tremendously helpful because…”
Kickstarter achieved profitability within 18 months of launching the platform
“I think, you know, the first six months, not at all, no revenue. I think within a year after that, so probably within the first 18 months, we got in the black.”
Kickstarter added 'not a store' warnings and prototype rules to manage risk
“So we said, hey, you need to show where your prototype is at. You need to add the risks and challenges of this project as you see them. In the checkout process, we had Kickstarter is not a store, and we linked to some of our policies to let people know what di…”
Kickstarter surpassed $3 billion in cumulative pledged project funding by 2017
“Recently, we passed the three billion dollar pledge mark.”
Neither Kickstarter co-founder knew how to code
“Well, I certainly didn't from any technical sense. I cannot code, and I couldn't code. But, I think I Had a sense of what it should feel like. I know what I like, I know what I think feels good when I'm on a site, but from the deep technical stuff, no, that wa…”
Kickstarter raised just $120,000 in seed funding over 18 months
“It took us a year and a half, so from that point, probably from there to early 2008, we raised maybe a 120,000 dollars in a year and a half.”